ENGARUH INVESTMENT OPPORTUNITY SET, CAPITAL EXPENDITURE, DAN CORPORATE GOVERNANCE TERHADAP CASH HOLDING PADA SEKTOR PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2012-2016
Daftar Isi:
- The aim of this study is to determine the effect of Investment Opportunity Set, Capital Expenditure, and Corporate Governance to the Cash Holding on Property and Real Estate Sectors Listed by Indonesia Stock Exchange (IDX) Period 2012 - 2016. Independent Variable of these study are Investment Opportunity Set, Capital Expenditure, and Corporate Governance is divided into to separate variables; Board Size and Independent Commissioner. While dependent variable is Cash Holding. The data used in this study is annual report of 35 firms poperty and real estate that published by IDX during 2012 – 2016. Sampling method used in this research is purposive sampling technique. The model used in this research is panel data with Fixed Effect Model approach. The results showed that the Capital Expenditure and Independent Commissioners had a negative and significant effect on Cash Holding. While the Investment opportunity Set and Board Size have no effect on Cash Holding